Tradeweb Markets (TW) Receivables - Net (2018 - 2026)
Tradeweb Markets' quarterly Receivables - Net came in at $351.0 million in Q1 2026, up 29.28% year-on-year from $271.5 million in Q1 2025, and up 36.13% quarter-over-quarter from $257.8 million in Q4 2025.
Tradeweb Markets has reported Receivables - Net for 9 years, with the latest figure at $351.0 million in Q1 2026.
- For the quarter ending Q1 2026, Receivables - Net rose 29.28% year-over-year to $351.0 million; the trailing twelve-month figure through Mar 2026 stood at $351.0 million (up 29.28% YoY), and the FY2025 full-year result was $257.8 million, up 16.01% from the prior year.
- Receivables - Net for Q1 2026 stood at $351.0 million, up from $257.8 million in the prior quarter.
- The five-year high for Receivables - Net was $351.0 million in Q1 2026, with the low at $142.7 million in Q4 2022.
- Average Receivables - Net over 5 years is $211.5 million, with a median of $192.6 million recorded in 2024.
- Year-over-year, Receivables - Net rose 3.8% in 2023 and soared 48.84% in 2024.
- Tracing TW's Receivables - Net over 5 years: stood at $142.7 million in 2022, then rose by 18.03% to $168.4 million in 2023, then soared by 31.98% to $222.3 million in 2024, then gained by 16.01% to $257.8 million in 2025, then jumped by 36.13% to $351.0 million in 2026.
- The last three Receivables - Net figures came in at $351.0 million (Q1 2026), $257.8 million (Q4 2025), and $271.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 351.01 Mn |
| Mar 31, 2026 | 351.01 Mn |
| Dec 31, 2025 | 257.85 Mn |
| Dec 31, 2025 | 257.85 Mn |
| Sep 30, 2025 | 271.24 Mn |
| Sep 30, 2025 | 271.24 Mn |
| Jun 30, 2025 | 264.83 Mn |
| Jun 30, 2025 | 264.83 Mn |
| Mar 31, 2025 | 271.51 Mn |
| Mar 31, 2025 | 271.51 Mn |
| Dec 31, 2024 | 222.27 Mn |
| Dec 31, 2024 | 222.27 Mn |
| Sep 30, 2024 | 248.62 Mn |
| Sep 30, 2024 | 248.62 Mn |
| Jun 30, 2024 | 233.08 Mn |
| Jun 30, 2024 | 233.08 Mn |
| Mar 31, 2024 | 192.60 Mn |
| Mar 31, 2024 | 192.60 Mn |
| Dec 31, 2023 | 168.41 Mn |
| Dec 31, 2023 | 168.41 Mn |
| Sep 30, 2023 | 167.04 Mn |
| Sep 30, 2023 | 167.04 Mn |
| Jun 30, 2023 | 163.22 Mn |
| Jun 30, 2023 | 163.22 Mn |
| Mar 31, 2023 | 171.24 Mn |
| Mar 31, 2023 | 171.24 Mn |
| Dec 31, 2022 | 142.68 Mn |
| Dec 31, 2022 | 142.68 Mn |
| Sep 30, 2022 | 150.20 Mn |
| Sep 30, 2022 | 150.20 Mn |
| Jun 30, 2022 | 155.43 Mn |
| Jun 30, 2022 | 155.43 Mn |
| Mar 31, 2022 | 164.97 Mn |
| Mar 31, 2022 | 164.97 Mn |
| Dec 31, 2021 | 129.94 Mn |
| Dec 31, 2021 | 129.94 Mn |
| Sep 30, 2021 | 133.35 Mn |
| Sep 30, 2021 | 133.35 Mn |
| Jun 30, 2021 | 141.90 Mn |
| Jun 30, 2021 | 141.90 Mn |
| Mar 31, 2021 | 144.49 Mn |
| Mar 31, 2021 | 144.49 Mn |
| Dec 31, 2020 | 105.29 Mn |
| Dec 31, 2020 | 105.29 Mn |
| Sep 30, 2020 | 97.78 Mn |
| Sep 30, 2020 | 97.78 Mn |
| Jun 30, 2020 | 101.51 Mn |
| Jun 30, 2020 | 101.51 Mn |
| Mar 31, 2020 | 133.47 Mn |
| Mar 31, 2020 | 133.47 Mn |
| Dec 31, 2019 | 92.81 Mn |
| Dec 31, 2019 | 92.81 Mn |
| Sep 30, 2019 | 95.40 Mn |
| Sep 30, 2019 | 95.40 Mn |
| Jun 30, 2019 | 92.85 Mn |
| Jun 30, 2019 | 92.85 Mn |
| Mar 31, 2019 | 94.28 Mn |
| Mar 31, 2019 | 94.28 Mn |
| Dec 31, 2018 | 87.19 Mn |
| Dec 31, 2018 | 87.19 Mn |